Executive Vice President and Chief Operating Officer · EXELON CORP (EXC)

Michael Innocenzo

A named executive officer of EXELON in every fiscal year CompBrief holds from FY2024 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$4,790,614

FY2024: $3,424,542

Compensation figures as of the proxy filed March 18, 2026 (DEF 14A).

Michael Innocenzo compensation by year

EXELON Summary Compensation Table · all 2 fiscal years held
In US dollars, as EXELON reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$653,820$735,375
Bonus$0$0
Stock awards$1,703,573$2,750,050
Option awards$0$0
Non-equity incentive$756,130$948,234
Pension and deferred compensation$256,576$305,795
All other$54,442$51,159
Total$3,424,542$4,790,614

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: EXELON CORP DEF 14A filed March 18, 2026, accession 0001109357-26-000040, and prior-year filings. Open the filing on EDGAR.

$3.4M
$4.8M
FY24
FY25
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU77,601$3,382,625—
RSU48,680$2,121,954—

Per the Outstanding Equity Awards at Fiscal Year-End table in EXELON CORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

EXELON’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Calvin ButlerPresident and Chief Executive Officer$15,601,905
Michael Innocenzo · this pageExecutive Vice President and Chief Operating Officer$4,790,614
Jeanne JonesExecutive Vice President and Chief Finance Officer, Audit and Risk$4,509,381
Colette HonorableExecutive Vice President, Chief Legal Officer, Compliance and Corporate Secretary$3,198,141
David GlocknerFormer Executive Vice President, Compliance, Audit and Risk$2,945,003

The full EXELON compensation record

free company brief

This page is one person within EXELON's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order EXELON's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are EXELON's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Velarion Pro: every company page, peer tools and exports, one seat

One email to you when Pro opens, and nothing else. Privacy